MY govt expects increased digital investment in 2025

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The Malaysian government expects more digital investments in 2025, digital minister Gobind Singh Deo reportedly said.

Speaking at a press conference after the launch of Gamuda Artificial Intelligence (AI) academy, Deo said that the country is well-positioned to present itself as a destination for digital investments in the region as it chairs ASEAN in 2025, reported The Star.

The minister reportedly said that there is an increase in confidence shown by global technology giants in Malaysia as being a destination for their investments. He added that the government is certain more investment announcements would be made after a series of new investments in the last eight months.

Don't miss: MY welcomes US$14.7b US tech investments

In tandem, Deo reportedly said the digital ministry is looking forward to cooperating with the ministry of education to determine how it can ensure AI awareness is brought to all sectors and groups in the country, including students in Malaysia.

Meanwhile, at the same event, the minister said that Malaysia must do more to build its talent pool in AI, reported The Star. He reportedly said that Malaysia needs to continue raising the bar in transforming the country into a regional AI hub. This includes establishing a skilled workforce to satisfy growing demands of the tech industry.

The Gamuda AI academy comes following a collaboration between Gamuda and Google Cloud. The academy aims to help build Malaysia's AI talent pool by offering digital and AI training to fresh graduates, professionals and those in the construction industry, said Deo in a Facebook statement.

"I hope to see increased interest and participation in AI-related lessons among our youth, especially young girls, people with disabilities, and across all communities, including the Orang Asal (indigenous people)," said Deo in his statement.

"Such public-private partnerships are pivotal to strengthening the digital ecosystem in Malaysia, and I look forward to supporting more initiatives that catalyse local talent growth for a future-ready generation," he added.

Last week, Malaysia welcomed a proposed US$14.7 billion (RM4.29b) investment by US tech giants Google, Microsoft, Enovix Corporation, Amazon Web Services, Abbott Laboratories and Boeing.

In a Facebook post, prime minister Anwar Ibrahim said the matter was discussed during a courtesy call with US secretary of state Anthony Blinken on the sidelines of the 44th and 45th ASEAN Summits yesterday.

The meeting of more than 40 minutes was used to exchange views on regional and international issues that touch the interest of Malaysia and the US, added Anwar.

In addition, Anwar emphasised the importance of the US as one of Malaysia's major trading partners. He said that the investments of US companies are one of the main contributors leading to Malaysia's emergence as a regional high-tech investment hub.

Photo courtesy Gobind Singh Deo, Facebook

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